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Re: Payment term creation in FI

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Hi,

 

please explain with example. pls try based on the two scenarios.

 

1.if your base line date needs to be 15th ( that is the end of the month in your case) + 45 days needs to be added than enter the below detail for default base line date fields

needs to be created two day limits one is 15 days and 31st . for 15 days, base line fixed day should be 15 and month 1. and for 31st day limit, fixed day should be 15 and month 2

 

and 45 days in the installment payment number of days field

 

2. this is to arrive fixed day 1.5 month for the 16th of the month start.

 

from the below scenario system will arrive date as below

16 Aug till 15 Sep will be due on 30st Sep

16 Sep till 15 Oct will be due on 31st Oct

 

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